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10 Reasons Why Every 20-Something Should Have A Side Hustle

London life can be expensive, VERY expensive. Anyone unfortunate enough to not have millionaires for parents will have probably been forced to scrimp come the end of the month at one point or another.

Whether that means cutting back on the amount of Tesco’s Finest making it into your basket on your weekly shop, or switching from ordering bottles of champagne in Mayfair to buying bottles of K and pre-drinking. Saving isn’t fun.

Being fresh out of uni often means that you’ll already be saddled with debt. And whilst it may be hard for most of us to go directly into our dream job, the moment you hang up our graduation gowns it goes without saying that supplementing any income you have coming in would always be a bonus. Whether that’s flogging all your stuff on EBay or starting your own part time career like teeth whitening or becoming an Avon lady.

So if you’re anything like me and wish to maintain your champagne lifestyle beyond the week following payday then here’s what I like to call an essential side hustle.

Still not convinced? You should probably remind yourself as to why you’re in the red come the end of the month. Here are 10 reasons just to refresh your memory.

1) The rent is too damn high

If you don’t think this, you’re either a king of thrifty living or you happen to have a massive wedge of cash. Either way, tell me your secrets.

2) Saving is impossible

“Look after the pennies and the pounds will follow” the saying goes. In reality, it’s more a case of, it doesn’t matter how closely you watch your money. It’s still going to evaporate before your eyes. A secondary income at least provides a little more to put away under the floor boards.

3) You’ve got something to fall back on if the worst happens

Unless it’s your business, you’re working for someone else. The biggest companies are notorious for sacking off huge numbers of employees at once. The more streams of income you have trickling your way, the better prepared you’ll be should your primary source go belly up.

4) You get to pay off your debts quicker

Don’t kid yourself, you’ve got some kind of debts already. I’m saddled with the joy that student loans bring, it sings to the tune of just under £25,000. A secondary income allows you to make a dent in those loans that could prove to be a major roadblock further down the road.

5) It’s never too early to think about retirement

Think you’ll always be 19? Not so, I’m afraid. You’re not Peter Pan – we all get old. How much you put away is totally up to you; some say 10% from your wages is enough to retire successfully, others say you just can’t save that much. It’s worth thinking about it either way.

6) Checking your account on Sunday morning won’t hurt as much

Are you a regular socialite? In that case you probably hate checking those numbers on your screen as much as the rest of us. If you’ve got two or three streams of revenue, that shock won’t be anywhere near as bad. Plus if you enroll in a teeth whitening course or learn how to spray tan you’ll look extra fabulous on your nights out!

7) You learn to develop your entrepreneurial side

You might not think that you have an entrepreneurial side but you’d be amazed how quickly you can pick it up. Entrepreneurialism teaches you to manage your finances and be creative about where your money’s coming from. There’s loads of ways to do this; you could start your own franchise, for example? Check out this Teeth Whitening course here

8) You can turn your free time into something practical

Sitting around watching TV is great, but when you can’t afford the electricity bill anymore then you’re going to struggle aren’t you? Get up off your bum and start making money!

9) You could discover a talent you didn’t think you had

Necessity is the mother of invention, after all. In your struggle to make some extra cash you may find a hidden skill. And you could wind up being pleasantly surprised by what your financial predicaments could bring you.

10) You’ll have more money to do stuff with

Buying useless shit you don’t really need, being able to pay for a decent holiday, affording your food bill for the week; whatever your monetary goal, a second income will let you get there for sure.

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Xclusive touch is a Pr company who organise weekly parties and celebrity events across London’s finest nightclubs. Via this website and our contact details you can add names to the guest list or reserve tables to attend these events. The brand was founded in late 2006 by Robbie, Julian and Van.
Initially our main focus was to organize a system for our friends to meet up bi-weekly in London’s best venues, providing an Xclusive touch to their clubbing experience. After creating our first website, word soon spread and we found ourselves organizing numerous birthday, hen and celebration nights out. Struggling to cope with the demand we made the collective decision to work on the company as a brand full time.
With hard work and dedication Xclusivetouch quickly emerged as an elite PR company, specializing in London parties, London nightclubs, Guest Lists, VIP Table Bookings, Artist Bookings and Celebration Deals. Our reputation amongst party goers and club owners alike is second to none as we aim to constantly deliver the experience.
Fast forward to today and with over 7 years experience we continue to grow exponentially, delivering a quick and easy service tailored to meet the demands of the London nightlife community.
Based out of our central London office our focus is on providing an exclusive not excluding product which you, the customer can enjoy and experience.
Unlike smaller guest list companies our management team is employed full time meaning round the clock assistance and speedy replies to your nightlife inquiries. We always aim to please and have staff members present at every event to assist you whenever required.
Xclusivetouch is not only affiliated in Club nights they had organized concerts in 2011 Miguel and launched Marbella events in 2012. We have a range of celebrity friends that we have organized after parties for E.G
Drake
Trey Songz
Miguel
Michelle Keegan
Little Mix
and Many more.
Xclusivetouch has managed to grow their business in the UK and abroad. Organizing a groundbreaking 12 Halloween Events 2016 attracting 9000 clubbers and 9 NYE Events attracting 6700 clubbers.
Xclusivetouch manages a range of brands that allows them to break into other industries and have a selection to choose from for their clients from.
Twisted Circus - Live Circus performance with a line-up of DJs. This brand has been running for three years now. Renowned for its Twisted Circus Halloween Festival at Indigo o2 and NYE at Shaka Zulu in Camden.
Turnt - Xclusivetouch Hip Hop Brand for the Y Generation. Unique Nich market which attracts fans who are die hard lovers of Hip Hop music and like to party non-stop.
www.turntldn.com
Big Fight - This is our White collar boxing brand that started in 2015. It is the brand that is going from strength to strength attracting contestants interested in getting in shape for 11 weeks preparing for the one-off boxing match with their opponent.
www.thebigfightuk.co.uk